Musk
TESLA Institutional Sell SignalTesla could be in trouble here. 2 sell signals in the past 4 weeks rejecting 700-750. We could be on our way down into the 400-450 region which is an area of previous consolidation.
Interesting considering Elon Must recently tweeted this,
www.ndtv.com
We would need a sharp sell off into that range on heavy volume and a subsequent buy signal from our systems to signal all clear to enter back into the water.
A gap up over 750 and a buy signal would negate this analysis and see us goto over 1000, but the odds of this at the moment are extremely unlikely.
TESLA HEAD AND SHOULDERS PATTERNAnother Tesla call here, it looks like we may break a little higher to form a higher timeframe double top.
I am not trading this right now but my breakdown and bias remains the same regardless.
I called the previous short perfectly and now I will attempt to call the next bull move higher so let's see if it is correct.
Let's go Ninja's! :)
DOGE BREAKOUT? HI TRADERS,
We are looking at the 4 hour graph of DOGE/USD
It seems as if doge is at the verge of breaking out.
Elon Musk tweeted again about Doge.
A couple of day ago, the news came out that Mark Cubain's basketball club is accepting payments in Doge
This could be another rally.
Let's see what happens.
This is not financial advice, I am not a financial advisor.
TESLAHi again .
If the price returns and goes above 1000, the probability of growth up to the green prz can be considered higher!!
If we face a decrease in price, if the purple prz is broken, we can expect the price to reach the red prz!!
Purple prz Target Lozenge Pattern.
Red target prz Orange channel height.
what's your idea?! <3
ridethepig | TSLA on the Fairway📌 ridethepig | TSLA on the Fairway
An illustration of the consequences when surrendering the support and when your opponent grabs the break.
It's trailing time for those who have been following the surrender. In order for us to execute more on the position I will want to see a final break of the temp lows, in order to somehow catch one final momentum play.
Sellers are clearly on the fairway and this swing has been a very large one.
An express train!
With simultaneous plays down to structural support -40% from the highs, breaking through is an extreme. I expect 330 will be the final destination here unless buyers manage to somehow bring in more resources. A quick leg down before finding a base? Smells like it.
Thanks as usual for keeping the feedback coming 👍 or 👎
BTCUSDT | Why it felt and what to expect next?Past two days were tensed for cryptocurrency market players:
Bulls having losses or keep funds locked in trades
Bears had several liquidations due to sudden bounces
Who favors from such price action?
Literally both sides!
Bulls could close long positions at Widening falling wedge near with $54 815 level and accumulate strong assets with a 30% discount once Triple bottom line was formed
Bears could open short positions at Widening falling wedge confirmation point and close it at the support
Why did Bitcoin price fall?
The main and essential reason is continuous and uncorrected upward price action.
Market players expected correction since entering $44 000 - $48 000 zone however price was pushed directly to $58 000. Thus everyone was aware of drop and here came the trigger Elon Musk's claim "...Cryptocurrencies are overvalued". Exchanges' Bitcoin reserves have been increased sharply and then massive sell off began.
Is the correction finished?
Strong positive fundamental news were received today
Square increased Bitcoin holdings with a new $170 million investment. Around 3 319 BTC were purchased at an average price of $51 236 per coin
MicroStrategy purchased approximately 19 452 BTC at an average price of $52 765 per coin
It can be concluded Bitcoin price action is now stabilized and have a solid support formed by institutional investors
What should be expected next?
Technical and Fundamental analyses reveal the most probable scenario:
Price action should retrace to $45 179 level where horizontal parallel range (Blue parallel channel) will be formed. Bitcoin should not break it below due to Square and MicroStrategy purchases made today. The price action will accumulate power and consolidate to retest upper edge of the range around $51 496. There is a high probability of subsequent breakthrough and testing of $62 000 area
Stay tuned and subscribe to our profile to receive updates to this idea on time. Please support us with your likes it is important for the team :)
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
Are you still hungry?🐺Well, you all know what happened to this boy before but it is not enough for him. He still wants to reach his new highs.
Call Elon Musk. We have found new interesting an altcoin for him.
According to Elliott Waves theory Wave D is done and the price is heading to the Wave E.
Lets see what's gonna happen.
We work, you rock! Close you Friday with new profits.
Follow the chart and look for the breakout carefully.
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Feel free to leave comments✉️
And always remember: "we don't predict, we react".
P.S. don't call Mr.Musk, it was a joke
DOGE - Easy Set Up - Do NOT MissA few things lining up on this. Price is in a clear correction whilst approaching a key significant area which happens to fall inside 0.5 and 0.618 fib which happen to be the most favourable fibonacci levels.
If correction breaks early, enter on breakout with stops below correction.
TESLA - End of the rise???As you can see we arrived to an interesting part of TESLA price...
We have recently seen a huge rise in the price of the Tesla, which is almost looks like a bubble.
However, there are several signs that this rise is over and the correction is beginning. At the H4 time plane, peaks have already begun to decline and there is a narrowing of the exchange rate from which a huge movement is expected in either direction - as the uptrend has been going on for quite some time, a depth correction is likely to follow first to Fibo 61.8 , if calculated from the H4 correction.
The other option is that the correction doesn’t go deeper, bursts up again, and Musk remains the richest man in the world.
TSLA - Bull Flag - To the Moon!Tesla is creating a nice bull flag . Ideally we would want the price to retrace 50% which lines up with the ascending trendline. There we can have a clear stop loss along with clear entry reason.
Having said that, it is also possible that the flag may break up at any point due to the sheer volume of propaganda regarding Tesla and Elon Musk .
Goodluck!
TSLA - Bull Flag - To the Moon!Tesla is creating a nice bull flag . Ideally we would want the price to retrace 50% which lines up with the ascending trendline. There we can have a clear stop loss along with clear entry reason.
Having said that, it is also possible that the flag may break up at any point due to the sheer volume of propaganda regarding Tesla and Elon Musk .
Goodluck!
$EWT Parabolic Soon????$EWT chart is setting up very nicely. Looking to close the weekly candle about the pointed out resistance. If we are able to close the week above the line. Look for EWT to go into price discovery mode and pump hard. Energy sector has been heating up around the world all year. Yet the blockchain energy sector has yet to pump. Let's see.
NOT FINANCIAL ADVICE
DOGE made double top and accumulating in a symetrical triangle After yet another tweet the movement went bullish and is now accumulating before another probable way up.
The dip of the triangle or the pullback of the upper exit are good entry points.
By the way, keep in mind that although less probable, there is a chance of breaking the triangle pattern downwards.